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US Stocks End Higher on Renewed Trade Hopes

Dow ends day up 146
By Newser Editors and Wire Services
Posted Dec 4, 2019 3:16 PM CST
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Petrobras CEO Roberto Castello Branco, right, talks with specialist Meric Greenbaum at the post that handles Petrobras on the floor of the New York Stock Exchange, Wednesday, Dec. 4, 2019.   (AP Photo/Richard Drew)

(Newser) – Stocks are closing higher on Wall Street, gaining back some of the ground they've lost over the previous three trading days, the AP reports. Technology and industrial companies were among the biggest winners Wednesday as traders became become more hopeful that a trade deal between the US and China was making progress. Texas Instruments and Union Pacific each rose 2.1%. Google parent Alphabet rose 1.9% after co-founders Sergey Brin and Larry Page relinquished their management roles. The S&P 500 rose 19 points, or 0.6% to 3,112. The Dow Jones Industrial Average added 146 points, or 0.5%, to 27,649. The Nasdaq rose 46 points, or 0.5%, to 8,566. (Read more stock market stories.)

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